Cascade Financial Partners LLC increased its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 13.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 152,446 shares of the company’s stock after acquiring an additional 18,133 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up about 0.7% of Cascade Financial Partners LLC’s holdings, making the stock its 25th biggest holding. Cascade Financial Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $7,285,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Root Financial Partners LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the third quarter valued at approximately $25,000. Darwin Wealth Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $25,000. eCIO Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $33,000. Finally, Millstone Evans Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $33,000.
Global X U.S. Infrastructure Development ETF Price Performance
Shares of Global X U.S. Infrastructure Development ETF stock opened at $55.41 on Monday. Global X U.S. Infrastructure Development ETF has a 1 year low of $40.61 and a 1 year high of $58.55. The firm has a market cap of $10.95 billion, a PE ratio of 23.34 and a beta of 1.24. The company has a 50 day simple moving average of $53.44 and a two-hundred day simple moving average of $51.40.
Global X U.S. Infrastructure Development ETF Profile
The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development. PAVE was launched on Mar 6, 2017 and is managed by Global X.
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Want to see what other hedge funds are holding PAVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report).
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